Turnkey Restaurant & Bar
Paso Robles, CA 93446 Paso Robles, CA 93446
New
Paso Robles, CA, 93446
$1,979,000
For Sale
$1,979,000
COMMERCIAL - Paso Robles, CA
Property Size4,123 SF
Price / SF$479.99
Days on Market6
Property Features
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
Building Details
- Year built
- 1947
Listing agency
NextHome Central Coast
(805) 773-7777
Listed by
CJ Hegney · License #02203414,PersonLicenseNumber
(805) 900-4468
Added: Jul 16 Updated: Jul 20 at 4:00PM Checked: Jul 21 at 11:06PM
MLS# PI26009437
Copyright © 2026 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This turnkey restaurant and bar property includes the real estate, operating restaurant, and all FF&E and operating infrastructure needed to continue business immediately. The 4,123 sf restaurant features a newer commercial kitchen, full bar, dedicated banquet room, and an extensive outdoor dining area. Improvements include a 9' x 12' walk-in cooler, commercial hood system, floor drains in food prep areas, and durable tile flooring throughout.
Located in the heart of Paso Robles within the Redevelopment Plan area, the property is positioned for visibility with proximity to Highway 101 and is directly along the Paso Robles Wine Trail. The seating capacity is approximately 145 indoors plus an additional 160 outdoors, supporting both high-volume service and private events.
The property is zoned T-4F. It sits on a 34,900 sf lot with a parking lot offering 34 private spaces, plus ample street parking and two ADA spaces. The sale includes the #47 liquor license.
Located in the heart of Paso Robles within the Redevelopment Plan area, the property is positioned for visibility with proximity to Highway 101 and is directly along the Paso Robles Wine Trail. The seating capacity is approximately 145 indoors plus an additional 160 outdoors, supporting both high-volume service and private events.
The property is zoned T-4F. It sits on a 34,900 sf lot with a parking lot offering 34 private spaces, plus ample street parking and two ADA spaces. The sale includes the #47 liquor license.
Key Highlights
- 4,123 SF restaurant and bar on a 34,900 SF lot, built in 1947
- Approximately 145 indoor seats plus 160 outdoor seats, including a dedicated banquet room
- Full bar and commercial kitchen with a 9' x 12' walk‑in cooler and commercial hood system
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $82.6k | $20.04 |
| − Vacancy | −$4.0k | −$0.96 |
| EGI | $78.7k | $19.08 |
| − OpEx | −$19.7k | −$4.77 |
| NOI | $59.0k | $14.31 |
4,123 SF · lease $20.04/SF/yr · vacancy 4.80% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$842.8K
$737.4K – $983.2K
NOI $58,994 @ 7.0% cap · market cap 2.98%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$1.62M
$1.42M – $1.89M
NOI $113,506 @ 7.0% cap · market cap 5.74%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Turnkey restaurant and bar with a commercial kitchen, full liquor license, and parking for 34 plus ADA spaces.
Where is this conventional restaurant located?
The property is located at Paso Robles, CA.
What is the asking price?
The asking price for this property is $1,979,000.
What are key features of this property?
This property features: 4,123 SF restaurant and bar on a 34,900 SF lot, built in 1947; Approximately 145 indoor seats plus 160 outdoor seats, including a dedicated banquet room; Full bar and commercial kitchen with a 9' x 12' walk‑in cooler and commercial hood system
